Why Is Money The Most Important Thing In Life? It helps us get some of life’s intangibles — freedom or independence, the opportunity to make the most of our skills and talents, the ability to choose our own course in life, financial security. With money, much good can be done and much unnecessary suffering avoided
What Are The Advantages And Disadvantages Of Money? The following advantages can be mentioned: (i) Economical: (ii) Convenient: (iii) Homogeneous: (iv) Stability: (v) Elasticity: (vi) Cheap Remittance: (vii) Advantageous to Banks: What are important advantages of money? (i) It renders double coincidence of wants unnecessary. It thus facilitates exchanges and the satisfaction of wants. (ii)
What Is The Goal Of Economic Security? Economic security focuses on the desire of consumers and producers to be protected against economic risks over which they may have little or no control. Why is economic security important? Economic security strengthens tolerance and happiness as well as growth and development. A new study by the International